Coordinape

Coordinape was a coordination and compensation platform for decentralized organizations. Its core product organized members into "circles" that ran in epochs; each epoch, every member received a fixed allocation of non-retainable GIVE tokens that could only be distributed to other members. At the close of an epoch, GIVE allocations were tallied and each contributor's share of the circle's reward budget was determined by how much their peers had allocated to them, replacing decisions by managers, committees or multisig signers with peer assessment. Circles were used for contributor payroll, grant allocation and internal recognition.

Over time the product expanded beyond circle-based compensation into reputation infrastructure. Features added included CSV vouching and deeper integrations, followed by CoLinks, an onchain social graph linking contributors across the ecosystem, and the Social Oracle, an onchain attestation system built on Base that allowed communities to vouch for contributors. A $CO token launched on Base in 2024 and provided access to the Social Oracle and participation in governance.

The Coordinape app was sunset in 2025 and its contracts were wound down. Governance had previously been transferred from the founding team to CoDAO, the community of $CO holders, which continues to hold the project's intellectual property and history while active development has stopped. Onchain attestations recorded via the Social Oracle persist on Base.

Founding story

The concept originated inside Yearn Finance in 2020, where contributors faced the problem of a large DeFi treasury and a large community with no fair method of determining who had contributed and how much; compensation decisions were made by a small group of insiders. Yearn contributors began sketching a model in which the team itself, rather than managers, token holders or a multisig, decided who should be paid, with peers recognizing each other's work. Coordinape launched publicly in early 2021.

Business model

Coordinape supplied software to decentralized organizations for allocating contributor rewards from a circle's reward budget, later adding token-gated access to onchain reputation infrastructure via the $CO token, which also conferred participation in CoDAO governance.

Traction

The site reports more than 50 million GIVE sent through Coordinape circles, over 500 DAOs and organizations running GIVE circles at peak adoption, and more than 64,000 onchain attestations recorded on Base via the Social Oracle. Named adopters include Yearn Finance, Gitcoin, Bankless, Olympus, Index Coop and Synthetix.

Latest developments

The Coordinape app closed in 2025 and its contracts were wound down. The company's website now functions as an archive of the project. CoDAO holds the intellectual property and history and continues to exist as steward, with active development ended. A link to the Social Oracle record is listed as forthcoming, and archival contributor quotes are described as planned additions to the site.